GEDDES DAN (GEVP & Chief Financial Officer) exercised options at CULLEN/FROST BANKERS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/26/2026ACC: 0002049881-26-000002
Officer· GEVP & Chief Financial Officer
Since Jan 2025
-789.00
Net shares
Net seller
$123.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
2K acquired · 2.79K disposed
Non-Derivative Transactions2
Common Stock, $0.01 par value
Direct
Shares
+2K
Price / share
—
Trade value
—
% of position
60.6%
10/24/2026
3.31K→5.31K
Common Stock, $0.01 par value
Direct
Shares
−789.00
Price / share
$157.05
Trade value
$123.91K
% of position
14.9%
10/24/2026
5.31K→4.52K
Total
Net shares
+1.22K
Net value
-$123.91K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value Direct | 10/24/2026 | M · Option Exercise | +2K | — | — | 60.6% | 3.31K | 5.31K |
| Common Stock, $0.01 par value Direct | 10/24/2026 | F · Tax Withholding | −789.00 | $157.05 | $123.91K | 14.9% | 5.31K | 4.52K |
| Total | +1.22K | -$123.91K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock, $0.01 par value
2K shares
Shares
−2K
Strike price
0
Held after
0.00
Exercisable
—
10/24/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock, $0.01 par value2K shares | 10/24/2026 | M · Option Exercise | −2K | 0 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock, $0.01 par value
IndirectShares owned7.89K
Total
7.89K indirect7.89K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, $0.01 par value | 7.89K | Indirect |
| Total | 7.89K | 7.89K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported